By Jussi Rosendahl | HELSINKI HELSINKI Finnish foreign minister Timo Soini said on Sunday he would step down as leader of the nationalist and eurosceptic Finns party in June, a move which could challenge the future of the country’s three-party government. The departure of Soini paves the way for a more hard-line leadership, surveys have suggested, as many of its core voters bridled at compromises he made […]
A historic change in party rules has handed Shinzo Abe the possibility of becoming Japan’s longest-serving prime minister in more than half a century. The revision, which would allow Mr Abe to stay in power until 2021, marks a stunning turnaround for a country long known for its revolving door of prime ministers to becoming one of the most stable governments among the group of seven leading […]
The first images from the Solar Ultraviolet Imager or SUVI instrument aboard NOAA’s GOES-16 satellite have been successful, capturing a large coronal hole on Jan. 29, 2017. (via WSJ)
The nonprofit organization promoted Leadership, Service Learning and Global Citizenship through the Annual Youth Conference 05 March 2017 Doha, Qatar – Qatar Assistive Technology Center (Mada) took part in the Annual Youth Conference, Empower 2017, which was held on March 2 – 4. During the event, Mada hosted a workshop that discussed the fundamentals of accessibility and its universal design, which was presented by Ahmed Habib a […]
Via Nicholas Eberstadt of CommentaryMagazine.com, On the morning of November 9, 2016, America’s elite—its talking and deciding classes—woke up to a country they did not know. To most privileged and well-educated Americans, especially those living in its bicoastal bastions, the election of Donald Trump had been a thing almost impossible even to imagine. What sort of country would go and elect someone like Trump as president? Certainly not […]
Standard Life is in late-stage discussions to acquire Aberdeen Asset Management in an all-stock deal that would create the UK’s largest money manager with £660bn of assets and be worth around £11bn. The companies confirmed the talks on Saturday evening in a joint statement that said a deal would “leverage Standard Life and Aberdeen’s combined strengths to create a world class investment company”. They added that Standard Life […]
04 March 2017 Bahrain – Investcorp, a global provider and manager of alternative investment products, today announced the completion of its acquisition and integration of the debt management business of 3i (“3iDM”) from 3i Group plc. The business, now recognized as Investcorp Credit Management (“ICM”), adds $11 billion of assets under management, bringing the total to approximately $21.4 billion. Investcorp Credit Management is a leading global credit […]
The Samsung Galaxy J7 (2017), the successor of the 2016 model, is in the news again and this time it has been spotted receiving Wi-Fi certification. The impending smartphone was spotted at Wi-Fi Alliance (WFA) and its appearance has once again fueled rumors of a launch being in the pipeline. The Galaxy J7 (2017) was spotted on the WFA bearing the model number SM-JN30FM/DS, which suggests that […]
Bait Al Kandora, the Dubai-based menswear clothing designer, has announced an agreement with HBS Investment to sell it a 25 percent stake, thus becoming the second largest shareholder. The agreement comes after Bait Al Kandora opened four branches in the city and plans to expand further, a statement said. HBS Investment is supported by Al Shamsi Holdings which was established in 2000, and focuses on fashion retail […]
In Jerusalem — where the governor will spend most if not all of his time outside the airport — he will meet with the mayor, Nir Barkat, and a group of business leaders. Continue reading the main story The impromptu nature of Mr. Cuomo’s trip is not accidental. With a rash of anti-Semitic threats and racist vandalism occurring in New York and nationwide, the governor said he […]
Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. So what have you heard more often: “Fox & Friends” shilling for President Trump or sophisticated people confiding their real reason for reading The New Yorker is the cartoons? Ah, if only Bob Mankoff had long ago negotiated some piece […]
Plot twists, accusations and 25,000 pages of evidence — a snapshot of the case that will determine Nawaz Sharif’s fate. Panama Papers leaked; Sharif family under spotlight — Feica/Dawn. The International Consortium of Investigative Journalists (ICIJ) makes 11.5 million secret documents available to the public for the very first time. The documents, coming from Panamanian law firm Mossack Fonseca, contain confidential attorney-client information for more than 214,488 […]
Jon Corzine, the former New Jersey governor and Goldman Sachs chief who oversaw the collapse of MF Global, is poised to take the stand next week in a potentially explosive trial over the alleged negligence of the company’s auditor, PwC. The world’s second-biggest professional services firm was the auditor of MF Global, the futures brokerage that collapsed in October 2011 after huge bets on the debt of […]
The Switch, Nintendo’s newest video game system, merges home gaming comfort and portability to create a unique, eye-catching platform. The nifty Joy-Con motion controllers foster the same casual-friendly gameplay that made the Wii a hit, while Switch’s tablet-style design and side-grip controller slots improve Nintendo’s Wii U vision. When you consider Nintendo’s dominance over the portable console market, it’s easy to imagine Switch following suit […]
CNET/CBS Interactive Google plans to release a second-generation Pixel smartphone as follow-up to the first version released in October 2016, Google hardware boss Rick Osterloh confirmed at Mobile World Conference this week. “There is an annual rhythm in the industry. So, you can count on us to follow it.” Osterloh reportedly told Android Pit at a closed meeting with reporters. “You can count on a successor this […]
Uber on Friday confirmed the existence of a controversial programme that used a fake version of its app to confuse unwitting regulators and competitors trying to order cars. The secret weapon — codenamed Greyball — has been used during the ride-hailing company’s battles with regulatory authorities and rivals around the world over several years. It operates by displaying car icons in random locations and automatically cancelling rides […]
The biggest issue facing the world of social media influencers is transparency. Should the person with 100,000 followers on Instagram (or 5.4 million followers as the keynote speaker, Joelle Mardinian, can boast) announce that she is being paid to promote a product? The inevitable tangents to the four hours of conversations tried to answer the question: what constitutes an influencer (or a content generator as one panellist […]
Yemen, one of the poorest countries in the Arab world, has been convulsed by civil strife for more than two years. In the west, Houthi rebels ousted the government of President Abdu Rabbu Mansour Hadi, the United States’ main counterterrorism partner in the country, and have been fighting a Saudi-led coalition of mostly Sunni Arab countries that back Mr. Hadi. Continue reading the main story In the […]
Ismail, a 20-year-old Emirati, has rarely ever stepped into a bank branch. “You won’t believe I haven’t visited my branch for over a year. All my transactions are done online,” he says, as he clicks an app on his phone to make a payment. “I just paid my bill and that’s how it works for me. All the services are at my fingertips and I save immense […]
03 March 2017 The Roads and Transport Authority – Nashwan Atta’ee: The Roads and Transport Authority (RTA) has felicitated its best contractors and vendors in recognition of their contribution to supporting RTA’s achievements in public transport, infrastructure and other services in 2016. Attendees in the award ceremony, which had taken place in RTA Auditorium, included CEOs and Directors of RTA as well as representatives of RTA contractors […]
Evan Spiegel gazed out over the floor of the New York Stock Exchange, where onlookers were recording him with his company’s retro-cool, video-enabled sunglasses, then rang the opening bell on Snap’s first day as a public company. Breaking the tech titan’s dress code in his suit and tie, he grinned and, unlike his biggest rival, made no grand proclamations about his company’s world-changing potential. Nearly five years […]
By EconMatters We discuss the run in the Financials, and other blue chip stocks that are overvalued relative to the fundamentals in this video. We also discuss the Market Correction that we see coming over the next 6-8 months in markets. This is as good as the QE game gets, cheap money going away from markets! © EconMatters All Rights Reserved | Facebook | Twitter | […]
NBCUniversal has ramped up its partnership with Snap, investing $500m in the owner of disappearing messaging app Snapchat’s initial public offering. The Comcast-owned television group bought shares at $17 apiece this week. With shares jumping 44 per cent in their first day of trading on Thursday, and rising a further 14 per cent on Friday, NBCU’s stake is now worth more than $820m. The stake is the […]
A tell-tale sign of a booming equity market is a hot technology listing and the blockbuster debut by Snap, duly summoned memories of the dotcom era. Shares in the parent of the popular messaging app surged more than 40 per cent in their New York Stock Exchange debut on Thursday where the fresh-faced co-founders rang the opening bell to cheers from the trading floor. On Friday, they […]
